Tomorrow is going to be a difficult day to predict in advance because the market made a Bullish move late.
So it can go either way.
Now I may have to raise the top of the training range?
We will see.
Conversation
Well we’re in a buy and hold signal by your chart.
We ended bullish and tomorrow is the first day of the month.
I don’t see why we don’t rally tomorrow. But it’s been a weird market.
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We have a buy and hold signal but it is a weak one because 20 MA is moving towards east instead of North. Had 20 MA been in 45 degree or around, it would have been a strong signal I think.
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Looks like we’re in a zig zag and flat correction. I think $SPY tags $440, maybe a tad higher, then we drop like a rock to sub-$410.
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